12 August 2024
Losses from Hurricane Debby, which crossed the Florida coast before bringing flooding to southern US states, will mostly be borne by primary insurers, Moody’s Ratings says...
12 August 2024
Zurich’s business operating profit rose 7% to $US4 billion ($6.1 billion) in the first half and return on equity reached a record 25%...
12 August 2024
Munich Re has booked a 40.6% rise in second-quarter net profit to €1.62 billion ($2.68 billion), taking its overall earnings in the June half to nearly €3.8 billion ($6.3 billion)...
12 August 2024
Aon and Columbia University have extended a research collaboration that has already found climate models may be underestimating future Atlantic hurricane impacts...
12 August 2024
AM Best has upgraded its financial strength rating for Lloyd’s, noting the market’s healthy balance sheet, operating performance, “very favourable” business profile and enterprise risk management...
12 August 2024
Thunderstorms and floods were “key drivers” as global insured losses totalled $US60 billion ($91.11 billion) in the first half, according to Swiss Re...
05 August 2024
The catastrophe reinsurance market has seen “material interest” from insurers, according to a mid-year update from broker Guy Carpenter...
05 August 2024
Insurance run-off specialist Enstar has accepted a $US5.1 billion ($7.8 billion) takeover offer from a consortium led by global investment firm Sixth Street...
05 August 2024
Global natural catastrophe insured losses totalled $US62 billion ($95.44 billion) in the first half, with floods and thunderstorms key contributors, according to Munich Re...
05 August 2024
Anders Malmstrom will become Swiss Re’s group CFO next April, replacing the retiring John Dacey...
29 July 2024
More than 350 structures are believed to have been destroyed as wildfire ripped through the tourist town of Jasper in Alberta, Canada, last week...
29 July 2024
The CrowdStrike outage is a warning to industry to stay on top of emerging cyber risks, ratings agency AM Best says...
29 July 2024
Gallagher says its business is in “great shape” after a rise in second-quarter earnings...
29 July 2024
WTW has lifted its full-year operating margin and earnings targets after revenue rose 5% to $US2.27 billion ($3.47 billion) in the second quarter...
22 July 2024
Inflation and rising claims cost pressure will continue to drive up property and casualty premium rates globally, Swiss Re says in a new report...
22 July 2024
Aon’s global catastrophe report for the first half puts insured losses at $US58 billion ($86.86 billion), the lowest total in four years...
22 July 2024
Zurich-based catastrophe data specialist Perils has delivered an initial insured loss estimate of €1.56 billion ($2.54 billion) for last month’s floods in southern Germany...
22 July 2024
Australia receives 5% of the world’s denial-of-service attacks, putting it ahead of Japan, Mexico, Singapore, Israel, France and Spain, cyber expert Imperva says...
15 July 2024
The rise of the metaverse will generate an insurance market worth more than $US20 billion in gross written premium by 2030, according to Aon...
15 July 2024
US hurricane researchers have slightly increased their storm activity forecast after previously warning of an above-average Atlantic season...